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Posted
from the quidelines I got when I bought house 6 years ago. Bond payment shouldn't be more than 1/3 of your salary(probably before deductions ' date=' tax etc..) [/quote']

I will never own a house. smiley19.gif

Sadly, I think SA is quickly catching up with the first world countries were young folk simply cannot afford to buy property.

 

In the USA today, unless you are very lucky and have a marvellous trust fund, the only way you will own a property is when your parents pass on and leave it to you.

 

Its getting to the point where its not possible for young people to save sufficient money to get a deposit and they need the cash injection from their parents property which they can sell and buy again.

 

 


Yes, but our generation has different priorities. We are consumer driven where we buy bike parts, travel more, eat out more. Our folks put more of their cash down into property but also didnt have as much choice and temptation to blow their money on. It was a big thing to get a TV or a washing machine or whatever.

huhm, where does your priorities lie? roof over the head first... I see so many people with brand new cars and sattelite, and the biggest and best cellphones... living in flats... then I think , what F^^&%# idiots...Confused
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Posted

 

 

 

The benefit package is comprehensive' date=' operating with the current public health services as its benchmark[/quote']

 

Now this scares me! I was inside a public hospital twice in the last 10 years, both times to help remove injured friends and take them to a private clinic.

 

spent the night after my recent accident in a state hospital. they x-rayed nearly every part of me. the aging eastern euopean doctor who examined me declared i had a broken nose and sent me home hours later. a day later, after much discomfort, i went to the private hospital near my home?and then the list of injuries got longer and longer as the doctor picked up the stuff the first one missed.

 

or the fact that they picked-up all these extra injuries just because you were on a Medical Aid so they could charge 'accordingly'!

Captain Slow2009-06-11 05:48:56

Posted

 

from the quidelines I got when I bought house 6 years ago. Bond payment shouldn't be more than 1/3 of your salary(probably before deductions ' date=' tax etc..) [/quote']

 

I will never own a house. smiley19.gif

Sadly, I think SA is quickly catching up with the first world countries were young folk simply cannot afford to buy property.

 

In the USA today, unless you are very lucky and have a marvellous trust fund, the only way you will own a property is when your parents pass on and leave it to you.

 

Its getting to the point where its not possible for young people to save sufficient money to get a deposit and they need the cash injection from their parents property which they can sell and buy again.

 

 

 

Yes, but our generation has different priorities. We are consumer driven where we buy bike parts, travel more, eat out more. Our folks put more of their cash down into property but also didnt have as much choice and temptation to blow their money on. It was a big thing to get a TV or a washing machine or whatever.

huhm, where does your priorities lie? roof over the head first... I see so many people with brand new cars and sattelite, and the biggest and best cellphones... living in flats... then I think , what F^^&%# idiots...Confused

 

English lesson first. Where do your priorities lie? I agree with you 100%, fancy cars, big Hi-Fi, nice clothes, snazzy bike and still living with Mom and Dad.

 

My wife and I bust our asses to get debt free ASAP and we are now there. Cant wait for interest rates to go up.

 

Posted

 

 

Nedbank will however approve 100% home loans only for properties up to R250 000' date=' and buyers will be assisted through the entire purchasing process by a mentor.   -- what am I going to buy for R250,000.00, the servant's quarters???Angry

[/quote']

 

I currently have 2 bachelor flats in pta i want to sell, next to each other for 235 each, buy both then it counts as a 2 bedroom, 2 bathroom  flat... LOL

Jackes17542009-06-11 05:56:00

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